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Remembering Aquino Braganca (b. 6 April 1924), who fought for freedom
of the former Portuguese colonies in Africa. An online tribute
http://aquinobraganca.wordpress.com/ (includes many historical
references, some photographs and documents)
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[Goanet] 5% TAX ON FOREIGN INCOME FOR NRI STARTING 2009 -10
I refer to this post appeard in Goanet and a few mails received by me privately.
I always considered myself NRI taxation expert. Never I remember
reading about the proposal for 5% Tax on foreign income of NRIs nor
I ever seen any notification from the Indian Income Tax Dept in
this respect.
I have a good news to all worried NRIs.
Whether you vote for me or not (in the ensuing general elections)
No NRI will pay Tax on their Foreign Income now 2009/2010 or next
year 2010/2011
In order to impose such new Foreign Income taxes, it has to be
proposed in the general budget first, allow for discussion and
then implementation (if agreed by the majority) and the process takes
not less than one year as new taxes, if any, are always made
effective from a start of future financial year April/March.
For any financial advice please come to the expert JoeGoaUk.
His fees are nominal
It’s only 1% of your total investments/Income*
* Terms and conditions apply
Note: Those written to me privately may take this as the only intimation
[email protected]
for Goa & NRI related info...
http://in.groups.yahoo.com/group/GOAN-NRI/
For Goan Video Clips
http://youtube.com/joeukgoa
In Goa, Dial 1 0 8
For Hospital, Police, Fire etc
